Illustration: Preston JesseeStrains in the banking sector are roiling a roughly $8 trillion bond market considered almost as safe as U.S. government bonds.
So-called agency mortgage bonds are widely held by banks, insurers and bond funds because they are backed by the mortgage loans from government-owned lenders Fannie Mae and Freddie Mac . The bonds are far less likely to default than most debt and are easy to buy and sell quickly, a crucial reason they were Silicon Valley Bank’s biggest investment before it foundered.
I feel like we've been here before...
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Report: Nearly Half of 'Climate Change' Companies in U.S. Banked with Failed SVBHalf of the companies in the U.S. devoted to climate change and biotech banked with the now-failed Silicon Valley Bank (SVB). Ahh, the real reason for the bailout has now been revealed, to protect the narrative. They always protect the narrative. Exactly why they received a bailout. Probably half of these companies will be gone in 6-12 months.
Weiterlesen »
SVB collapse is double-whammy for tech startups already navigating brutal marketStartup founders across the U.S. were already cutting costs and preserving cash before Silicon Valley Bank's failure this month complicated their situation. Learn to code
Weiterlesen »